Soybeans Continue their Slide
US Dollar continues it's recovery
Soybeans slid for a seventh consecutive session to trade close to last session's four-week low as the U.S. crop matures in ideal growing conditions.
Corn Struggling to Find Buying Potential
Corn and Soybeans Mixed Overnight
Crude Oil and US Dollar were Higher
Grains were mixed overnight with corn and soybeans drifting lower while wheat managed to find its way into positive territory. Outside markets saw crude oil and the US dollar higher.
The Probability of Soybeans Holding $9.60
Grains Continue to Press Lower
Crude Oil also Slid to Start the Week
Grains continued to press to lower prices to start the week. In outside markets, crude oil also slid while the US dollar pushed higher.
How Low Can Grains Go?
Weekly Cash Comments
Weekly Cash Commentary for week ending 08/26/2016
The cash markets remained relatively stable this week posing slight gains of an average of 1 cent per bushel.
Overnight Session Saw Soybeans Trying to Reverse Yesterday’s Sell Off
Grains in positive territory to start the day
Grains were in positive territory to start today. Soybeans were trying to reverse yesterday’s punishing sell-off while wheat and corn were only fractionally higher in anemic trade.
Day 3 Pro Farmer Crop Tour Projections
Grains were mixed in the overnight.
Grains were mixed overnight with Nov beans spending much of the night below $10 while corn and wheat were holding onto small gains going into the break.